American Title Loans is not a bank or credit union. The title loan company lends money on vehicle titles in several states where it’s legal. They are based in Utah and only sell repo’s here. From time to time a vehicle loan is not paid and they will repossess the auto. Buyers can purchase these title loan repo’s in the state of Utah in locations like St. George and Salt Lake City. Bidding is done in a public auction. Most of the vehicles are very inexpensive and tend to be lower quality due to the nature of the title loan repo business.
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